SmarterDividends

HYG vs SCHD: Which Is the Better Dividend Stock?

As of September 2026, HYG and SCHD are closely matched. HYG offers the higher yield at 6.09%, SCHD has the higher dividend-safety score.

MetricHYGSCHD
Forward yield6.09%3.19%
Annual dividend$3.80$1.06
Payout ratio——
Years of growth0 yr14 yr
5-yr dividend growth1.6%9.1%
5-yr total return—30%
Dividend safety score—84 (A)
Fair value estimate—$21.33
Upside to fair value—-37%
Frequencymonthlyquarterly
Market cap——
P/E ratio10.718.3

Higher yield

HYG

6.09%

Safer dividend

SCHD

Grade A

Faster growth

SCHD

9.1%

HYG vs SCHD — FAQ

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